Construction Worker Tax Deduction Checklist

The income tax rates in Australia are progressive, which means that the higher your earnings are, the higher percentage you pay. Same rules apply to construction worker. It is imperative to know the tax deductions that you are eligible for to minimise your tax bill. Let us take a look at some of the common […]

Tax Deductions for Work Clothing and Know How Much To Claim

What clothes do you wear to work? Are you required to wear a suit or a specific type of uniform to work? It would be imperative to confirm your dress code with the employer as there are relevant tax deductions that you can enjoy. There are many tax deductions that you can claim for work-related[.....]

Simple Guide to GST in Australia

According to ATO Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. Is it compulsory for all businesses to register for GST? Not all businesses need to register for GST. Businesses with annual turnover of $75,000 or more must register for[…..]

When Are Tax Returns Due For Companies in Australia

The government of Australia expects everyone who earns money to lodge a tax return annually. For most people, this is a stressful experience and most people end up missing deadlines. Tax returns affect businesses as well and there is a deadline set by the ATO. If you have a company in Australia, you need to[…..]

A Simple Guide to GST in Australia

GST refers to goods and service tax, which is usually a 10% tax on most goods and services which are sold in Australia. If you have a business, you would need to understand how to register, account, and claim credits for GST. This is a simple guide on all you need to know about GST[…..]

Are you working as a contractor? Tax Implication when you work as an independent contractor

Are you working as a contractor? Tax Implication when you work as an independent contractor Independent contractors are in business and they have tax obligations to meet. If you are working in some particular trades, there are some tax implications that follow you. A good number of people have a difficult time telling if they[…..]